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☆ Cybersecurity professionals share best practices for securing 5G networks
▼ + stars: | 2024-05-20 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +6 min

Professionals at the RSA Conference shared insights on securing 5G devices and networks. Business Insider spoke with several cybersecurity professionals at the annual RSA Conference, which took place from May 6 to 9 in San Francisco. Private 5G networks will change the way in which everything connects." Here are cybersecurity professionals' best practices for securing 5G devices and networks. That's because as more devices get connected to 5G networks, the bigger the attack surface becomes.

Persons: —, Nathan Howe, it's, Andrea Carcano, Boaz Gelbord, Donna Johnson, you've, Christine Gadsby, It's, Darren Guccione, Guccione, Jimmy Mesta, Carcano Organizations: RSA, Service, Business, RSA Conference, Nozomi Networks, BlackBerry, RAD Security Locations: San Francisco, cybersecurity

☆ We're reading: Will Google's AI answers mean the end of the web?
▼ + stars: | 2024-05-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Google is shifting to AI-generated answers for search queries to keep users on its site. This shift raises concerns about the reliability of AI answers and the impact on web traffic. You ask it a question, and it sends you to a site on the internet that can answer that question for you. And now the company is super-sizing that effort with AI-generated answers that are going to be the standard reply for all search in the near future. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Google, Service, Business

☆ Bank of America details the best hedge for a big stock-market move on Nvidia earnings
▼ + stars: | 2024-05-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Its soaring revenue and profits have driven the bulk of the S&P 500's earnings growth over the past year. Bank of America shared how investors can hedge against the risk of Nvidia's earnings swinging the broader market. Over the past 12 months, Nvidia's earnings growth drove 37% of the S&P 500's earnings per share growth. But over the next 12 months, Nvidia's earnings growth is expected to drive just 9% of the S&P 500's earnings growth. "Don't mess with proxies; hedge with NVDA options," Bank of America said.

Persons: Nvidia's, — Organizations: Bank of America, Service, Nvidia, Nasdaq

☆ A software engineering job got over 3,000 applications. Here's how a recruiter screened out 98% of them before a phone call.
▼ + stars: | 2024-05-20 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Read previewIt took Lusely Martinez and her team 50 days to fill a software engineering role for a global tech company. "This role was for a level three software engineer, with full-stack expertise and knowledge of specific programming languages," Martinez told Business Insider. Martinez used an applicant tracking software to screen out candidates who didn't meet the job's basic requirements. Recruiter screening callThe hiring manager selected 43 candidates for a recruiter screen —1.28% of the total applicants. "Do your due diligence: read the job posting thoroughly before applying to ensure you are a good match," she said.

Persons: —, Lusely Martinez, Martinez, they've, it's Organizations: Service, Business, BI Locations: generalities

☆ Flying is cheaper in 2024. But not for some destinations
▼ + stars: | 2024-05-20 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Americans traveling this summer have broadly seen prices fall for airline fares, a welcome trend after last year's sticker shock. But airfare remains more expensive in 2024 for some regions and destinations, largely for trips abroad, data shows. Flights to Canada, South America, and the Middle East and Africa regions are also up 6%, 2% and 1%, respectively, from summer 2023, Hopper found. High prices to certain Asian cities impact many American tourists since the continent is their second-most frequented international travel destination, Hopper said. Average fares to Europe, the most popular trip abroad for Americans, are down 8% in summer 2024 versus a year ago, when they were at record highs.

Persons: Hopper Organizations: Finance Locations: Tokyo, Japan, Canada, South America, East, Africa, Europe, Asia, Sakata, Ipoh, Udon Thani, Thailand's, Rio de Janeiro, Brazil, Lima, Peru, Santiago, Chile, Friedrichshafen, Memmingen, Germany, Bratislava, Slovakia

☆ Will Trump Run as a Felon? A Big 2024 Question Will Soon Be Answered.
▼ + stars: | 2024-05-20 | by ( Shane Goldmacher | ) www.nytimes.com time to read: 1 min

Then a Manhattan jury will gather in the first criminal trial of a former president to determine whether Donald J. Trump will campaign this fall as a convicted felon. The political impact of one of the most consequential jury deliberations in the nation’s history is far from predictable. “Who knows?” said Mike Murphy, a Republican strategist who has been a longtime Trump critic. “The first casualty of the I’m-right-you’re-evil politics of today is institutional credibility. We’re not in the politics of accepting impartial facts anymore.”But whether the verdict becomes a political turning point or not, it will be a pivotal moment in the race.

Persons: Donald J, Trump, ”, Mike Murphy, “, We’re Organizations: Republican, Trump Locations: Manhattan

☆ Here are Monday's biggest analyst calls: Nvidia, Amazon, Apple, Tesla, Dell, Micron & more
▼ + stars: | 2024-05-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Melius reiterates Apple as buy Melius said it sees several positive catalysts ahead for Apple. Bernstein reiterates Dell as outperform Bernstein raised its price target on the stock to $155 per share from $120. Goldman Sachs reiterates Amazon as buy Goldman said it's standing by its top pick status on shares of Amazon. " Barclays reiterates Nvidia as overweight Barclays raised its price target on Nvidia to $1,100 from $850. Morgan Stanley upgrades Micron to equal weight from underweight Morgan Stanley raised its price target on Micron to $130 per share from $98.

Persons: Melius, Bernstein, Dell, Stifel, Baird, Goldman Sachs, Goldman, –, Huntington Ingalls, it's, it's bullish, Redburn, Tesla, Morgan Stanley, Salesforce, Jefferies, Evercore, TJX Organizations: Apple, Developers, Citi, RIO, Nvidia, Barclays, Robotics, Group, Marex Group, Micron, Hasbro, U.S . Steel, UBS, Universal Health Services, JPMorgan, TJX Companies, SSS, Seaport, FedEx, US Locations: Tinto, America, Cleveland, China

☆ A Gen Xer who went back to school in her 50s explains why taking on student loans to advance her career was worth it — even if it means retiring later
▼ + stars: | 2024-05-20 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Neilson, 59, went into retail management after earning a general studies degree with a business concentration. "The money that I would like to be able to contribute to a retirement account is going to go instead to pay student loans." BI has previously spoken to some other older adults who have struggled with career progression later in life. For example, Crystal, a 62-year-old, never received a college degree, and it's kept her from progressing in the workforce. "With my age, I was just not attractive on paper, and not having a college degree was always a factor, too," Crystal said.

Persons: Kris Neilson's, Neilson, it'll, She'll, I'm, it's, Crystal Organizations: Service, BI, National Bureau of Economic Research, Gallup, Lumina Foundation Locations: Neilson

☆ Utility stocks are on a tear as an 'energy transition supercycle' lifts the entire sector
▼ + stars: | 2024-05-20 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

Vistra Corp. has doubled over that period, while Constellation Energy is up nearly 62% and NextEra Energy has surged 34%. "This is not your old utility, where you just get a dividend and you're happy," Shahriar Pourreza, managing director of energy, power and utilities at Guggenheim Partners, told CNBC. The sector was oversold coming into 2024, with the market going too far in pricing in the impact of interest rates, Pourreza said. Power companies with deregulated assets are able to respond to market conditions more quickly than traditional utilities, he said. The tech sector is looking for clean energy to power data centers as they are simultaneously trying to limit their carbon footprints.

Persons: Pourreza, Jerome Powell, Goldman Sachs, Stephanie Link, CNBC's, Paul Hickey, Vistra, NextEra Organizations: Utilities, Vistra Corp, Constellation Energy, NextEra Energy, Guggenheim Partners, CNBC, Federal Reserve, Investors, HighTower Advisors, Investment Group, Constellation, Services, Microsoft Locations: It's, U.S, Wells

☆ Impact of Biden's tariff hike: What you need to know
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailImpact of Biden's tariff hike: What you need to knowMick Mulvaney, former White House chief of staff, and Heidi Heitkamp, former U.S. Senator, join 'Squawk Box' to discuss whether new U.S. tariffs on China are here to stay, if tariffs work, and each expert's thoughts on the polls.

Persons: Mick Mulvaney, Heidi Heitkamp Organizations: White House Locations: U.S, China

☆ An artist reckons with the dangerous power of advertising and iconography
▼ + stars: | 2024-05-20 | by ( Abigail Glasgow | ) edition.cnn.com time to read: +8 min

The artist Hank Willis Thomas is pointing to one of the images: of two well-dressed, neatly coiffed men standing atop a cliff. "She's Somewhat of a Drag," a 1959 advertisement Thomas repurposed in his series "Unbranded: A Century of White Women." Across his work, Thomas reframes iconic and mundane imagery to connect viewers to historical moments of resistance and reshape our understanding of who counts in society. Here, a pro-football player appears to face off with an enslaved cotton picker, in Thomas' work "From Cain't See in the Mornin' Til Cain't See at Night." His body of work work reflects the observation — and, perhaps, a warning — that we have moved toward “existing in a society of branded consciousness."

Persons: Hank Willis Thomas, Thomas, Aaron Wessling, Jordan, “, Thomas ’, Drummond, —, ” Thomas, mascara, Jordan Schnitzer, ” Schnitzer, ” Thomas ’, Thomas reframes, Barack Obama, ”, “ I’ve, doesn’t Organizations: CNN, Art, White, White Women, Family, Cotton, Corporate America, Civil Rights, American Express Locations: ”, Oregon, United States, Gorée

☆ HSBC discusses new Taiwan president's inaugural address
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaiwan's new president delivers his inaugural address, HSBC discusses potential market impactTaiwan's new president Lai Ching-te discusses Taiwan-China relations during his inaugural speech. James Cheo, HSBC Global Private Banking and Wealth, CIO, Southeast Asia, breaks down its impact on markets.

Persons: Lai Ching, James Cheo Organizations: HSBC, HSBC Global Private Banking, Wealth Locations: Taiwan, China, Southeast Asia

☆ Iran's President Ebrahim Raisi died in helicopter crash, state media confirms
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran's President Ebrahim Raisi died in helicopter crash, state media confirmsIranian President Ebrahim Raisi and Foreign Minister Amir-Abdollahian died in a helicopter crash, official state media IRNA has confirmed. CNBC's Dan Murphy speaks to Nader Itayim, Mideast Gulf editor at Argus Media, about the impact on Iranian politics and beyond.

Persons: Ebrahim Raisi, Amir, Abdollahian, IRNA, CNBC's Dan Murphy, Nader Itayim Organizations: Argus Media Locations: Mideast

☆ Bill Gates thinks you should read this new book to get smarter on how AI will transform education
▼ + stars: | 2024-05-20 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Bill Gates has taken to social media to tout a new book focused on AI and education. The book is authored by Salman Khan, the founder and CEO of the educational platform Khan Academy. Gates has been optimistic about AI's impact on education but says we'll still need teachers. AdvertisementBill Gates, the Microsoft cofounder and renowned bookworm, has taken to social media to share his latest book recommendation. Gates touted the book, "Brave New Words: How AI Will Revolutionize Education (and Why That's a Good Thing)," by Salman Khan, the founder and CEO of Khan Academy, an educational nonprofit that aims to provide free learning resources.

Persons: Bill Gates, Salman Khan, Gates, we'll, — Organizations: Khan, Service, Microsoft, Education, Khan Academy, Business

A chipmaker was among Monday's biggest analyst calls along with a hospital stock. Morgan Stanley upgraded Micron Technology and raised its price target on the stock — though it sees only limited gains ahead. U.S. Steel shares have dropped more than 26% year to date. The bank upgraded the computer memory stock to equal weight from underweight and increased its price target to $130 per share from $98. He also raised hi 12-month price target to $226 from $189, implying upside of 27% from Friday's close.

Persons: Morgan Stanley, Dell, Samik Chatterjee, Bernstein, Toni Sacconaghi, DELL, — Brian Evans, Jefferies, Christopher LaFemina, LaFemina, Stifel, Ruben Roy, Baird, Tristan Gerra, Tom O'Malley, Brian Evans, Micron Technology Morgan Stanley, Morgan Stanley's, Joseph Moore, Moore, AJ Rice, Rice, Fred Imbert Organizations: CNBC, Micron Technology, UBS, Universal Health Services, JPMorgan, Dell, Jefferies, U.S, Steel, U.S . Steel, Nippon Steel's, Wall, TAM, Nvidia, Barclays Locations: U.S, Friday's

☆ Elise Stefanik would be a really bad VP choice for Trump, poll shows
▼ + stars: | 2024-05-20 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

Trump has yet to chose a VP candidate, but several names are in the mix. A new poll shows that Rep. Elise Stefanik would have the most negative impact on the ticket. Vivek Ramaswamy and Sen. Tim Scott would have the most positive effect, according to the poll. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: Trump, Elise Stefanik, Vivek Ramaswamy, Sen, Tim Scott, —, Donald Trump, Harris Organizations: Service, Harvard, Trump, Business

☆ The West can't completely isolate Russian banks because it would be disastrous beyond Russia
▼ + stars: | 2024-05-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

There's one major thing the West could, but won't, do: kill all Russian banks' access to the Society for Worldwide Interbank Financial Telecommunications, or SWIFT. 'Russia's economy is in deep, deep trouble'Despite the West's frustration with how Russia's economy still appears to be holding up, the sanctions appear to be finally working. "In five years, you're going see a really disastrous slowdown in the Russian economy," said Portes, who called for stronger sanctions enforcement. AdvertisementIn April 2022, Russia's central bank governor Elvira Nabiullina warned Russia's reserves can't last forever. "A significant problem is that they are running out of foreign exchange reserves, and you can't create foreign reserves," Portes added.

Persons: —, hasn't, SWIFT, Alex Capri, Richard Portes, Portes, Alexander Kolyandr, Elvira Nabiullina, Russia's Organizations: Service, West, Society, Worldwide Interbank Financial Telecommunications, Business, SWIFT, European Union, National University of Singapore, US Customs Service, London Business School, Carnegie Endowment, International Peace, Central Bank of Locations: Russia, Ukraine, Moscow, Russian, SWIFT, Capri, Asia Pacific, Europe, India, China, Central Bank of Russia, Russia's

☆ Work to Move Cargo Ship That Crashed Into Baltimore Bridge Starts Slowly
▼ + stars: | 2024-05-20 | by ( Campbell Robertson | ) www.nytimes.com time to read: +1 min

Nearly eight weeks after the container ship Dali rammed into the Francis Scott Key Bridge, efforts were underway on Monday to move it back to a berth in the Port of Baltimore. The operation appeared to be off to a slow start, with five tugboats surrounding the giant ship but no official word that the move was underway an hour after its anticipated 5:30 a.m. start. The bridge collapsed on impact, killing six workers doing repairs on the bridge roadway, clogging the waterway with around 50,000 tons of metal and debris, and disrupting the commerce of one of the nation’s key shipping hubs. The salvage and recovery operation has involved more than a thousand workers and scores of barges, cranes, helicopters and Coast Guard cutters. Authorities set a goal of reopening that channel by the end of May.

Persons: Dali, Francis Scott Key Organizations: Coast Guard, Authorities Locations: Port of Baltimore

☆ One-third of single-family homes for sale are newly built, report finds. Here's what buyers need to know
▼ + stars: | 2024-05-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

While new builds are still sold for slightly more than existing homes, the price gap has significantly narrowed. Over the last six months, the median price for a new home is only about 4% higher than the median price of an existing house. Reducing the square footage of your home can help reduce construction costs as well as utility and maintenance costs down the line. Keep construction costs down: Major factors like lumber and labor costs significantly impact the cost of a new house. And depending on the kinds of materials you add to the house, builders are "adding up the tab," Veronica Fuentes, a wealth management advisor based in Washington, D.C., previously told CNBC.

Persons: Alistair Berg, Digitalvision, Nicole Bachaud, Dietz, Matthew Walsh, Walsh, homebuilders, Veronica Fuentes Organizations: Getty, Zillow Group, CNBC, U.S . Census, U.S . Department of Housing, Urban, Moody's, Washington , D.C Locations: U.S, Washington ,

☆ Middle East's impact on markets is unpredictable, says 'The Black Swan' author Nassim Nicholas Taleb
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMiddle East's impact on markets is unpredictable, says 'The Black Swan' author Nassim Nicholas TalebNassim Nicholas Taleb, author of "The Black Swan" and distinguished scientific advisor at Universa Investments, joins CNBC's 'The Exchange' to discuss geopolitical risk to investment, outlooks on stocks vs. bonds, and more.

Persons: Swan, Nassim Nicholas Taleb Nassim Nicholas Taleb Organizations: Universa Investments

☆ 'Black Swan' author Taleb says people should worry about Middle East events but not investors
▼ + stars: | 2024-05-20 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

People should pay attention to the events in the Middle East from a humanitarian perspective but disregard them as investors, according to author Nassim Taleb. "I would say to investors to basically ignore what's going on in the Middle East and as an individual to worry," the "Black Swan" author told CNBC's Kelly Evans during an interview Monday on "The Exchange." "The connection between the markets and these events is completely unpredictable, even more unpredictable than the events themselves." In addition to his market work, Taleb is a Lebanese American essayist whose seminal work, "The Black Swan: The Impact of the Highly Improbable," warns against trying to predict the unpredictable. He largely has advocated an approach to investing that hedges against unusual events such as the financial crisis of 2008-09.

Persons: Nassim Taleb, CNBC's Kelly Evans, Taleb, Ebrahim Raisi, You've Organizations: Universa Investments, Dow Jones, JPMorgan Chase Locations: Lebanese American, Israel

☆ Opinion: Iran’s president is dead. The cruel show goes on
▼ + stars: | 2024-05-20 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +7 min

She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and senior columnist for World Politics Review. Expect clerics and security forces – the military and Iran’s Islamic Revolutionary Guard Corps (IRGC) – to compete to see who can gain the upper hand, with hardliners in both groups seeking to position themselves for dominance. The chance of a kinder, gentler Iran emerging after new presidential elections are held in 50 days are essentially nil. He won, but most voters spoiled their ballots or stayed home, with the lowest turnout in the Islamic Republic’s history. Now Raisi is dead and the odds are that he will be replaced by another hardliner.

Persons: Frida Ghitis, Ebrahim Raisi, Raisi, Hossein Amir Abdollahian, –, Ali Khamenei, Khamenei acolyte, ”, Mahsa Amini, ” Raisi Organizations: CNN, Washington Post, Politics, Islamic, Ukraine, Islamic Revolutionary Guard Corps, Army, Amnesty International, Green Movement, US Locations: Republic of Iran, Islamic Republic, Iran, Israel, Gaza, Lebanon, Yemen, Damascus, Russia, China, North Korea, Tehran, Saudi Arabia

☆ A professor of exercise and aging shares how she works out and eats to stay healthy as long as possible
▼ + stars: | 2024-05-20 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +6 min

Read previewAs a professor of exercise, Karyn Esser knows a lot about fitness. Esser told BI that motivation should come from keeping your body fit and healthy so you can keep enjoying life — things like traveling or playing with grandkids. Esser does strength training even though she doesn't like itEsser has been strength training for three years because she knows it's important for healthy aging. Strength training is important to combat the muscle loss that occurs with age. AdvertisementEsser worked with a trainer to devise a strength training program she could do at home two or three times a week.

Persons: —, Karyn Esser, Esser, Bryan Johnson, Karyn Esser Esser, I've Organizations: Service, University of Florida, grandkids, Business

☆ Gold hits record peak as rate cut bets burnish appeal, silver jumps
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: +2 min

Gold prices hit an all-time high on Monday as a slowing U.S. inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut soon, while silver scaled a more than 11-year peak. Spot gold was up 0.9% at $2,436.76 per ounce, as of 0340 GMT after hitting a record high of $2440.49 earlier in the session. Data last week showed signs of cooling inflation and traders now expect a 65% chance of a U.S. rate cut by September. "Gold prices sneaked in a cheeky record high ahead of China's (market) open on Monday. Spot silver rose 2.5% to $32.28 after hitting an over 11-year high.

Persons: Kyle Rodda, Bullion, Matt Simpson, Wang Tao Organizations: Fort, Federal Reserve, Index, Palladium Locations: Fort Knox Alaska, Kinross, Tetlin , Alaska, U.S, China's, China

☆ Soaring debt and deficits causing worry about threats to the economy and markets
▼ + stars: | 2024-05-19 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

The federal IOU is now at $34.5 trillion, or about $11 trillion higher than where it stood in March 2020. Concern over such eye-popping numbers had been largely confined to partisan rancor on Capitol Hill as well as from watchdogs like the Committee for a Responsible Federal Budget. Uncharted territory for debt and deficitsIndeed, the CBO numbers are ominous, as they outline the likely path of debt and deficits. Surging budget deficits have been driving the debt, and the CBO only expects that to get worse. "The huge obvious problem is that the U.S. federal debt is now on a completely unsustainable long-term trajectory," analysts at Wolfe Research said in a recent note.

Persons: Greenlee Beal, Jerome Powell, Powell, Jamie Dimon, Ray Dalio, hasn't, Wolfe Organizations: U.S, Capitol, Wall, CBO, Union, JPMorgan Chase, Sky News, Bridgewater Associates, Financial Times, Treasury Department, Wolfe Research, U.S ., Federal Reserve Locations: Washington , U.S, Washington, Amsterdam, London, America, U.S

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